About Kennect
Kennect is a Technology company based in Lewes (United States) founded in 2016 by Pulkit Agrawal. Platform offering sales performance and incentive management software. Kennect has raised $711.03 thousand across 2 funding rounds from investors including FortyTwo.VC and Girdhar Prem Balwani. Its chief executive, as recorded, is Pulkit Agrawal. Its website kennect.io draws about 24 thousand monthly visits. Kennect offers products and services including Incentive Compensation Platform and Sales Performance Management. Its focus areas include Enterprise Applications, Sales Force Automation, Performance Management and Incentive Management. Its competitors include Xactly, Atrium and Rallyware; 3 of its 3 listed competitors have raised funding.
Company details
Kennect was founded in 2016 and is located in Lewes, United States. Software for sales performance and incentive management is provided, with operations focused on the sales sector. Transparency in sales processes is increased, compensation calculations are automated, and efficiency is enhanced across operations. Errors in calculations and time spent are reduced, while commission strategies are optimized and post-disbursement queries are minimized. Clients such as Cipla and Oaknet are served.
- Headquarters Lewes, United States
- Founders Pulkit Agrawal
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website kennect.io
- Social LinkedIn X Facebook YouTube
- Total Equity Funding$711.03K (USD)
in 2 rounds
- Latest Funding Round$700K (USD), Seed
Aug 2022
- InvestorsFortyTwo.VC
& 1 more
Associated legal entities of Kennect
Kennect is associated with 2 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Kennect Technologies Private Limited CIN U72900MH2021PTC371646 | Active | 16 Nov 2021 | Mumbai, Maharashtra | ₹7.6 Cr | 40 | 2 | View details |
| Kennect Solutions Private Limited CIN U72300MH2015PTC270190 | Active | 16 Nov 2015 | Mumbai, Maharashtra | ₹0.0 Cr | 2 | View details |
Products & Services of Kennect
Kennect offers a comprehensive portfolio of products and services, including Incentive Compensation Platform and Sales Performance Management.
Automates sales incentives and provides real-time analytics for enterprises
Optimizes incentive strategies with data-driven insights and integrations
Apps and channels of Kennect
its YouTube channel Kennect has 116 subscribers and 4 videos.
Videos from Kennect
The most watched videos on Kennect's YouTube channel, Kennect (116 subscribers). Click a video to play it here.
More on Kennect.
Funding Insights of Kennect
Kennect has successfully raised a total of $711.03K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $700 thousand completed in August 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $711,032
- Total Rounds 2
- Last Round Seed — $700,000
- First Round $11,032
(Dec 2016)
- Investors Count 2
All 2 funding rounds of Kennect with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2022 | $700,000 | Seed | – | FortyTwo.VC | – |
| Dec 2016 | $11,032 | Angel Round | – | Girdhar Prem Balwani | – |
2 investors in total: 1 institutional and 1 angel.
Investors in Kennect
Kennect has secured backing from 2 investors, including venture fund and angel investors. Prominent investors backing the company include FortyTwo.VC and Girdhar Prem Balwani.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on tech companies | fortytwo.vc | Mckinney, United States | ||
GP Girdhar Prem Balwani | unknown_b794bd1a4ed741b29 |
Investor details for Kennect
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Board of directors of Kennect
The boards of the 2 registered companies of Kennect currently have 2 directors; the longest-serving is Pralok Chhajed, appointed in 2015. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pralok Chhajed DIN 07283680 | Director | 16 Nov 2015 | 10 yrs 11 mo | Kennect Solutions Private Limited, Kennect Technologies Private Limited |
| Pulkit Agrawal DIN 07001613 | Director | 16 Nov 2015 | 10 yrs 11 mo | Kennect Solutions Private Limited, Kennect Technologies Private Limited |
People of Kennect
7 people are tracked at Kennect (2 in leadership, 5 in team).
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| COO | Leadership | |
ritesh singh | Office Administrator | Team |
Gopika Shajulal | Human Resources Manager | Team |
Darakshan Parveen | Software Developer | Team |
siddhesh kirve | Software Developer | Team |
Aastha Munjal | Business Development Manager | Team |
Complete people profiles for Kennect
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Financials of Kennect
Figures of Kennect Solutions Private Limited, the primary company behind Kennect, for FY 2024. Revenue was ₹66,728 (-97% year on year). Net loss was -₹7.6 Lakh (-1132% margin). EBITDA was -₹7.6 Lakh (-1132% margin). Revenue has grown at a compounded annual rate of -86% over three years and -63% over five years.
- ₹66,728Revenue · FY 2024 · -97% YoY
- -₹7.6 LakhNet loss · -1132% margin
- -₹7.6 LakhEBITDA · -1132% margin
- ₹1.1 LakhPaid-up capital
- -86%Revenue CAGR, 3 years
- -63%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Kennect Solutions Private Limited are on its company page.
Detailed financial statements for Kennect
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Kennect
3 dated milestones of Kennect across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Kennect is founded.
- Funding First funding round of $11K.
- Funding Latest funding round, Seed, of $700K.
Competitors of Kennect
Kennect has 3 listed competitors in our database, 3 of them funded. They include Xactly, Atrium and Rallyware.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| xactlycorp.com | 2005 | San Jose, United States | $78.46M | 291 | Sales performance management software is provided for enterprises. | |
| atriumhq.com | 2016 | San Francisco, United States | $33.5M | 53 | Workforce analytics platform is offered for sales performance monitoring. | |
| rallyware.com | 2012 | San Francisco, United States | $22.68M | Employees are onboarded, trained, and engaged via a gamified platform. |
Detailed competitors of Kennect
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Web traffic of Kennect
The website of Kennect (kennect.io) receives about 24.3K visits a month.
- Monthly visits24.3K
▼ 29.5% vs previous month
Websites whose visitors overlap most with Kennect. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| retorio.com | 100% | 18.5K | #1,406,040 | View details | |
| peaksalesrecruiting.com | 100% | 18.7K | #1,455,346 | View details | |
salesdrive.info | salesdrive.info | 80% | #3,567,633 | – | |
| forma.ai | 80% | 94K | #459,744 | View details | |
| salesken.ai | 60% | 20.7K | #1,390,614 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 11 similar websites and full traffic analytics for Kennect
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Top companies in Sales Force Automation
3 companies that operate in the same segment as Kennect (Sales Force Automation) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of AI-powered customer relationship management software | 2005 | Cambridge, Massachusetts, United States | USD 100.7 M | USD 3.13 B | 8,250 | |
Contact databases and sales intelligence are supplied to businesses. | 2000 | Vancouver, Washington, United States | USD 32 M | USD 1.25 B | 3,510 | |
Sales prospecting and engagement tools are offered to enterprises. | 2011 | Atlanta, Georgia, United States | USD 246.48 M | 1,121 |
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Related news about Kennect
Complete news archive for Kennect
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Frequently Asked Questions about Kennect
Kennect was founded in 2016.
Kennect is headquartered in Lewes, United States. It is registered at Lewes, Delaware, United States.
Pulkit Agrawal is the CEO of Kennect, as recorded in our data. They have also founded this company.
Kennect is a funded company, having raised a total of $711.03K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $11.03K, raised on Dec 2016.
Kennect was founded in 2016 and is located in Lewes, United States. Software for sales performance and incentive management is provided, with operations focused on the sales sector. Transparency in sales processes is increased, compensation calculations are automated, and efficiency is enhanced across operations. Errors in calculations and time spent are reduced, while commission strategies are optimized and post-disbursement queries are minimized. Clients such as Cipla and Oaknet are served.
Kennect offers Incentive Compensation Platform and Sales Performance Management.
Kennect has 2 investors. Key investors include FortyTwo.VC, and Girdhar Prem Balwani.
Kennect is associated with 2 legal entities: Kennect Solutions Private Limited, Kennect Technologies Private Limited.
The legal entities of Kennect currently have 2 directors, including Pralok Chhajed, Pulkit Agrawal.